First Bank partners PCAF to combat climate change

First Bank on Tuesday announced it joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition.

Mrs. Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications of the bank, disclosed this in a statement on Tuesday in Lagos.

She said that the partnership demonstrated the bank’s commitment to sustainable finance and taking active steps towards reducing its carbon footprint.

PCAF is a collaboration between financial institutions worldwide to enable harmonized assessments and disclosures of greenhouse gas (GHG) emissions from loans and investments.